Suspected Binance Life manipulators now hold 22.7% of total supply

Entities suspected of manipulating the price of the memecoin Binance Life now hold 22.7% of its total supply after a recent accumulation spree, EmberCN reported. Over the past three days, large-scale buying from these entities has driven the price of Binance Life up 112%, from $0.17 to $0.36. About 30 minutes ago, these entities withdrew 30 million Binance Life tokens, worth $11.4 million, from Binance to three on-chain wallets. The addresses now hold a total of 227 million Binance Life tokens on-chain, valued at $81.55 million.